Capital Improvement Plans
A capital improvement plan (CIP) is a dynamic community planning and fiscal management tool used to coordinate the timing and financing of capital improvements over a multi-year period, typically 5 years.
A CIP identifies and describes capital projects, the years in which funding each project is to occur and the source of funding. It is a working document and should be reviewed and updated annually to reflect changing community needs, priorities, and funding opportunities. Below are some resources for communities as preparing a CIP.
Capital Improvement Plans 101
Open Gov
Capital Improvement Planning & Budgeting Resource Center
Government Finance Officers Association
Capital Planning in Major Cities
The Civic Federation